Patrick Moran Joins PKF O'Connor Davies as New Partner in Risk Advisory Solutions

Introduction

PKF O'Connor Davies, a prominent player in the realm of accounting, tax, and advisory services, has announced a significant addition to its team. Patrick Moran, a seasoned professional with a wealth of experience, is stepping into the role of Partner within the firm’s Risk Advisory Solutions practice. This development aims to bolster the firm's strategic advantages in providing top-notch services to its clients.

Patrick Moran’s Background

With more than two decades of robust experience in financial services, Patrick Moran’s expertise spans a wide array of technical accounting areas and regulatory compliance. Prior to joining PKF O'Connor Davies, Moran held several prestigious positions in leading firms, culminating in a progressive career trajectory. His roles included Directorships in both a notable financial services firm and a national accounting firm, alongside a significant tenure as Assurance Director at a Big Four firm for over ten years.

Moran’s academic credentials are equally impressive, holding a Bachelor of Science in Finance and Accounting from Syracuse University's Martin J. Whitman School of Management. Furthermore, he is a Certified Public Accountant licensed in New York, underscoring his commitment to professional excellence in his field.

Key Contributions to Risk Advisory Solutions

At PKF O'Connor Davies, Moran's focus will primarily chant on enhancing the Risk Advisory Solutions practice. This area is vital for the firm, as it actively navigates the evolving landscape of compliance and regulatory frameworks that impact financial services. His profound understanding includes commodifying business combinations, conducting fair value measurements, and overseeing consolidation accounting, which are imperative for addressing the multifaceted needs of clients in today’s complex market environment.

Moran is not only versed in technical matters but is also skilled in leading internal controls audits. His proficiency in ensuring broker-dealer quality assurance initiatives is expected to drive operational efficiencies within the firm’s practice. This capacity for operational excellence is critical as financial firms face increasing pressure to comply with rigorous industry standards and regulatory mandates.

Impact on Asset Management Clients

Mike Hayes, Partner and Financial Services Practice Leader at PKF O'Connor Davies, emphasized Moran's strategic fit within the organization. He stated, "Patrick’s deep technical expertise and vast experience across multiple financial services sectors make him an ideal addition to our growing practice." This statement highlights the high expectations set for Moran's contributions, particularly for clients involved in asset management, who are continuously facing challenges in maintaining compliance amidst growing complexity.

Moran's rich background enables him to interpret regulatory frameworks expertly and tackle accounting challenges that arise in financial operations. His insights and strategic contributions are expected to enhance client relationships, allowing PKF O'Connor Davies to deliver unmatched value to stakeholders.

Conclusion

The recruitment of Patrick Moran signifies a strategic expansion of talent within PKF O'Connor Davies, aligning perfectly with its commitment to provide superior advisory services. With the firm’s dedication to “Know Greater Value,” Moran’s arrival promises to elevate the expertise and service levels that clients can anticipate.

As the firm continues to navigate a dynamic compliance landscape, the integration of seasoned professionals like Moran will be instrumental in fostering growth, ensuring compliance, and safeguarding clients against financial risks in a changing regulatory environment.

For more information about PKF O'Connor Davies and their Risk Advisory Solutions, please visit their official website or follow them on LinkedIn and X (formerly Twitter).